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Tata Motors post loss of Rs.4450Cr in Q1FY22; More than double the Expectation

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In Q1FY22, Tata Motors reported a loss of Rs.4450Cr , while Revenues were In - line
Know more on how the company performed in Quarter One

Results
Revenue at 66406cr at vs 31983.1cr, up 107% YoY
EBITDA at 5357.5Cr at vs 635.6Cr , up 8.5 times YoY
Margins 8.3% at vs 2%
Loss at 4450Cr vs 8443.9cr Loss YoY

JLR Update
JLR sales Revenue up 74%
Reports EBIT margin at (0.9%) vs 7.5% QoQ
Free cash outflow of £996 million
Wholesales of 84.4k, up 72.6%YoY but 30k units (27%) lower than planned due to semiconductor shortage
Demand remains strong with record order book of 110k units

JLR Outlook Ahead
-Expects a negative EBIT margin with a free cash outflow of less than £1 billion
-Expect the performance to improve progressively from H2
-As semiconductor supply improves, JLR expects to achieve a positive EBIT margin and positive free cash flow H2 of Current FY


Standalone Business
-Revenue up 343% YoY
-PV business achieves 10% market share after a gap of 9 years
-CV revenue up 355% YoY
-Sequential improvement in overall performance is expected from the second half of FY22
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